Which of the following is/are true?

a. U.S. GAAP and IFRS classify preferred stock subject to redemption only at the option of the issuing firm as shareholders' equity.
b. U.S. GAAP and IFRS classify preferred stock subject to mandatory redemption is a liability.
c. U.S. GAAP classify preferred stock subject to redemption at the option of the preferred shareholders appears between liabilities and shareholders' equity.
d. IFRS classify preferred stock subject to redemption at the option of the preferred shareholders appears as a liability.
e. all of the above


E

Business

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